diff --git a/Makefile.core.mk b/Makefile.core.mk
index a28c966708..a2b70168c3 100644
--- a/Makefile.core.mk
+++ b/Makefile.core.mk
@@ -137,11 +137,11 @@ export ENVOY_TAR_PATH:=/home/package/envoy.tar.gz
 
 external/package/envoy-amd64.tar.gz:
 #	cd external/proxy; BUILD_WITH_CONTAINER=1  make test_release
-	cd external/package; wget "https://github.com/alibaba/higress/releases/download/v1.0.0/envoy-amd64.tar.gz"
+	cd external/package; wget "https://github.com/alibaba/higress/releases/download/v1.2.0/envoy-amd64.tar.gz"
 
 external/package/envoy-arm64.tar.gz:
 #	cd external/proxy; BUILD_WITH_CONTAINER=1  make test_release
-	cd external/package; wget "https://github.com/alibaba/higress/releases/download/v1.0.0/envoy-arm64.tar.gz"
+	cd external/package; wget "https://github.com/alibaba/higress/releases/download/v1.2.0/envoy-arm64.tar.gz"
 
 
 build-pilot:
diff --git a/VERSION b/VERSION
index 79127d85a4..6a5e98a744 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-v1.2.0
+v1.2.1